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30 January 2025 | 5 replies
There are no laws restricting mark-to-market rents.
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15 January 2025 | 10 replies
So, for a $2,500 rent with a 3x income rule, you’d expect their combined gross income to be $7,500/month.As for utilities being included in the rent, some landlords in NYC do lower the income requirement slightly (e.g., to 2.5x or 2.75x) since tenants won’t have additional out-of-pocket utility costs.
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22 January 2025 | 2 replies
As with most municipalities and jurisdictions, the evolution of the AirBnB market has spawned regulation and restrictions on where, when and how a STR can operate.
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6 February 2025 | 2 replies
It’s profitable, scalable, and flying under the radar compared to its short-term counterpart.Here’s the thing—MTRs aren’t just a hedge against STR restrictions.
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21 January 2025 | 7 replies
There are rules to follow!
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14 January 2025 | 17 replies
Sad that NY isn't taking advantage of expensive hotels to get most of the US traffick to stay on US side and just do a day visit to Canada side and come back.I don't know why small towns change their STR rules and make restrictions.
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27 January 2025 | 2 replies
I know the restrictions are pretty strict for STR’s but was wondering if it’s the same level of regulation for arbitrage.
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1 February 2025 | 1 reply
The builder refuses to send them to you.They state they are 'restricted' or send the type of layout you see online, just boxes, nothing the designer can use.
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1 February 2025 | 2 replies
If you have time restrictions, short sales are not for you.The lender will order an appraisal or BPO of the subject property as part of the process.
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5 February 2025 | 0 replies
Their fees and interest rates were high, but they had the least restrictive approval terms from what I gathered.